SIPPs: Are SIPP deposit accounts covered by the Financial Services Compensation Scheme?

Are SIPP deposit accounts covered by the Financial Services Compensation SchemeAfter the credit crunch, the run on the Northern Rock and the instability of other financial institutions savers have understandably become more concerned about the security of their savings accounts. Go into almost any bank or building society, or indeed visit their website, and there are at pains to point out that savings held with them are secure; often pointing savers to the Financial Services Compensation ...